Limejump's Virtual Power Platform enjoyed success at the annual Renewable Energy Association's prestigious awards, celebrated at the Intercontinental Hotel Park Lane in London last night (12 June 2019).
The week in flexibility: Madness Visits After Midnight – Market Decoupling Provides Peak Price Opportunities
Each week, we take a look at the week in flexibility trading that has just been, and at what's next. Enjoy our latest instalment: Let’s address this right away, last Friday provided the world of flexible energy trading with a jolt of excitement.
Leading energy tech company Limejump has signed a new flexible Power Purchase Agreement with Alphagen Renewables, which develops and operates small to medium scale landfill gas to energy projects. Limejump will manage six of Alphagen Renewables’ operations in the UK, including the Docking Biogas plant in Norfolk, through its pioneering Virtual Power Platform (VPP).
The week in flexibility: Negative Nine: low demand and high wind combine to create a perfect renewable generation storm
Each week, we take a look at the week in flexibility trading that has just been, and a look at what's next. Enjoy our latest instalment. It’s been a busy week in flexibility trading world. The sunny week gave way to an unprecedented renewable generation mix for market trading. First the coal-free record was broken again on Saturday (now over 10 days and counting).
Rob Sherwood, Head of Trading and Operations at Limejump Recently we received National Grid ESO’s latest annual Power Responsive Report. The report provides an overview of programme activities, industry developments, and – for our statistical indulgence – detailed market metrics from the last year.
Each week, we take a look at the week in flexibility trading that has just been, and a look at what's next. Enjoy our latest instalment. Last week started on a huge high as the UK cantered towards a whole week without coal generation. Not only were we smashing the previous record of no coal usage (and it is worth remembering that it was only set last month).
Each week, we take a look at the week in flexibility trading that has just been and a look at what's next. Enjoy our latest instalment. The short week wasn’t short on excitement throughout the system and in the Balancing Mechanism. As the UK got back into the swing of things following the Easter holiday weekend the System Price began relatively low (around £22/MWh).
Each week, we take a look at the week in flexibility trading that has just been, and a look at what's next. Enjoy our latest instalment. The steady but unseasonably warm weather made for a stable start to last week as we started refrigerating our chocolate eggs, eagerly beginning the countdown to Easter.
In Part 2 of this Limejump report, our trading team takes a look at the various markets we participate in and the combined influences that shape these. Our Traders have identified a number of trends throughout the quarter to develop our market view. In this instalment, we focus on the Balancing Mechanism and ancillary markets.
In Part 1 of our new Limejump Quarterly report, our trading team takes a look at the various markets we participate in and the combined influences that shape these. Our Traders have identified a number of trends throughout the quarter to develop our market view. These evolving trends and insights will be influential for our asset optimisation strategies throughout the remainder of 2019.
National Trust’s Gelli Iago Hydro Plant in Snowdonia added to Limejump's Virtual Power Platform. Limejump, the energy tech leader, has secured its first Power Purchase Agreement with the National Trust. The 45kW Gelli lago hydro scheme, located in Snowdonia (North Wales), will become a part of Limejump's award-winning Virtual Power Platform (VPP).
Each week, we take a look at the week in flexibility trading that has just been, and a look at what's next. Enjoy our latest instalment. Last week kicked off with a lower than seasonal System Price of £48.65/MWh coupled with rising wind generation – a steady 3GW across the day before a peak of 5GW before bedtime, which helped meet the evening peak demand.
After a benign week at the end of March, the start of April last week delivered significant interest to the balancing mechanism. Tuesday gave us a morning with swings of up to £40 as the country got ready for work.
BusinessGreen, one of the UK's leading energy publications and web news sources has announced the finalists for their 2019 BusinessGreen Leaders awards.
With energy markets requiring ever more complex strategies to derive revenue, Power Purchase Agreements still provide the clearest methodology for trading energy to create a return from renewable resources. However, trading intelligently means taking advantage of inherent market volatility.
The Week in Flexibility: Solar up, wind down, coal closing and a negative weekend …. another unpredictable seven days.
Our biggest news of the week comes from this weekend’s events. In a first of a kind scenario, the System Price dropped to -£50 for settlement period 21 (about the time you were relaxing with the Sunday papers) and remained negative until 4:30 pm resulting in an average System Price of just 6.29 for the whole day.
It’s my pleasure to announce that we have reached an agreement for Shell to purchase Limejump in a deal that will enable both companies to accelerate the UK’s energy systems transition to a zero-carbon and cleaner future.
Limejump welcomes its acquisition by Shell London, February 27, 2019 Shell* has agreed to acquire Limejump Ltd, a UK based energy technology company. With this deal Limejump’s technology and management team will enable both companies to continue to take steps to support the UK energy system’s transition to a lower carbon future.
Joe McDonald, Vice President of Sales at Limejump has been recognised for his commercial acumen in the fourth Forbes 30 Under 30 2019 award selection for Europe.